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1420 S Shipley Street
Muncie, IN 47302

New Listing
$35,000
Est. Mortgage: $221/mo Get Pre-Qualified
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New Listing
beds
3
bath
1
type
Single Family Home
sq.ft.
1,056
mls #
22116588
Single Family Home
Call Us Contact Us

Attention investors! This 3-bedroom, 1-bath home offers immediate cash flow with a long-term Section 8 tenant who has been in place for 10 years, currently paying $1,377 per month. The property does need some TLC, making it a great opportunity to add value while generating steady rental income. Priced to sell, this is an excellent chance to expand your investment portfolio with an established tenant already in place. Don't miss this affordable income-producing property!

Property Details

school district
Muncie Community
architecture
Traditional
built
1920
stories
1
MLS#
22116588

Interior Features

  • Electric oven
  • Forced air heat
  • Natural gas heat
  • Window unit air conditioner
  • Eat-in kitchen
  • Wood floors
  • Hardwood floors
  • Unfinished basement

Exterior Features

  • On street parking
  • Aluminum siding
  • Covered porch
  • Covered patio
  • Lot acreage is: 0.12
  • Lot sqft: 4792
  • Subdivision: No Subdivision
  • Lot number: 4-5
  • Public water
  • Levels in property: One
  • Total square feet: 1056
  • Living square feet: 1056
  • For sale
  • Tax year: 2025

Room Dimensions

  • Number of rooms: 5
  • Bedrooms on main floor: 3
  • Baths on main floor: 1
Courtesy of:
Mark Dietel Realty, LLC
[email protected]

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By submitting this request, you agree to be contacted by Howard Hanna via call, email, and text for real estate, mortgage, insurance, and professional services but not as a condition of any purchase. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You will receive a text message asking you to authenticate your phone number. Message/data rates may apply. This consent applies even if you are on a corporate, state, or national Do Not Call list. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You also agree with our Terms of Use and Privacy Policy regarding the information relating to you. Your phone number, if you choose mobile opt-in data, will not be shared with third parties for marketing purposes. You can also view our privacy policy here: Policy Link

Hanna Community View What It's Like to Live Near Here

Call (855) 464-2662

855-GO-HANNA
We are standing by to assist you.
or

Want to make an offer? Select the button below!

Make an Offer
Select a preferred date & time
Have you been pre-approved for a mortgage?

On submitting this form, you'll receive a one-time text message with verification code to confirm the mobile phone number.

By submitting this request, you agree to be contacted by Howard Hanna via call, email, and text for real estate, mortgage, insurance, and professional services but not as a condition of any purchase. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You will receive a text message asking you to authenticate your phone number. Message/data rates may apply. This consent applies even if you are on a corporate, state, or national Do Not Call list. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You also agree with our Terms of Use and Privacy Policy regarding the information relating to you. Your phone number, if you choose mobile opt-in data, will not be shared with third parties for marketing purposes. You can also view our privacy policy here: Policy Link

By submitting this request, you agree to be contacted by Howard Hanna via call, email, and text for real estate, mortgage, insurance, and professional services but not as a condition of any purchase. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You will receive a text message asking you to authenticate your phone number. Message/data rates may apply. This consent applies even if you are on a corporate, state, or national Do Not Call list. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. You also agree with our Terms of Use and Privacy Policy regarding the information relating to you. Your phone number, if you choose mobile opt-in data, will not be shared with third parties for marketing purposes. You can also view our privacy policy here: Policy Link

Mortgage Help

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Mortgage Payment

The approximate monthly principal & interest payment for this property would be $221.44.

This payment is based on a 30-year loan at a fixed rate of 6.750 % - APR 7.010 % with a down payment of $1,750. Actual lender interest rates and loan programs may vary. Loans with lower down payments are available.

Use our Mortgage Payment Calculator to determine a more exact payment estimate.

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1420 S Shipley Street, Muncie, IN 47302 is a 3 bedroom, 1 bath single family home offered for sale at $35,000.
Information Deemed Reliable But Not Guaranteed. ©2026 Metropolitan Indianapolis Board of REALTORS®.